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Dynamis project design

(can be unimplemented yet!)

From Wikipedia

In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.

Entities

• Policy - Insurance contract between Dynamis and policyholder;
• Premium - Monthly payment by policyholder to Dynamis;
• Coverage - maximum amount of payout if the circumstances happen.

Roles:

• Dynamis: the distributed autonomous organization (DAO);
• PolicyHolder: the "insured";
• RiskAssesor: who estimates the risk by providing score that ranges from 0% (impossible) to 100% (guaranteed to happen).